NOT LISTED FOR SALE

Estimated Value: $523,000 - $751,000

-- Bed
-- Bath
1,920 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $195,000 $102 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $3,895/month

48 Days on Market

Highlights

  • Water Views
  • Island Location
  • Cul-De-Sac
  • Property near a bay
  • Deck
  • Porch

About This Home

As of April 2015

This duplex with water views is ideal for the investor who wants to live at the shore and have rental income to support taxes, insurance, etc. 2nd floor 2 bedroom, 1 bath is currently rented, and 1st floor could be used by owner or also rented. Plenty of deck space to enjoy those warm lazy days of summer. Concrete driveway can fit 2-3 cars. If you don't want tenants and have a larger family, the interior stairs can be put back in place with little effort. Call now for an appointment.

Last Agent to Sell the Property

Paul DiFilippo

RE/MAX SURFSIDE License #8830342 Listed on: 01/29/2015

RE/MAX SURFSIDE

Co-Listed By

Diane Buscham

RE/MAX SURFSIDE License #0560047

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,601

Lot Details

  • 3,223

Home Design

  • Duplex

Interior Spaces

  • Partially Furnished
  • Living Room
  • Water Views
  • Eat-In Kitchen
  • Laundry Room

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Cul-De-Sac
  • Island Location

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 10 / 144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,601

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Cul-De-Sac, Island, Water View
  • District Township: 13-W. Wildwood
  • Also Includes: Partial Furniture
  • Bay Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Porch, Cable TV, Sidewalks, Outside Shower, Waterview

Garage/Parking

  • Parking: 2 Car, Concrete Driveway

Utilities

  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 10
  • Lot Size: 40 X 80
  • Zoning: R-1
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: 3601

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2015
Closed on
Apr 17, 2015
Sold by
Mangini Theresa
Bought by
Daltwas Christopher and Daltwas Megan C
Seller's Agent
Paul DiFilippo
RE/MAX SURFSIDE
List Price
$215,000
Sold Price
$195,000
Premium/Discount to List
-$20,000
-9.3%
Current Estimated Value
$641,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,250
Avg. Annual Appreciation
12.16%
Original Mortgage
$156,000
Outstanding Balance
$120,697
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$520,553

Purchase Details

Closed on
Aug 14, 2008
Sold by
Allen Regina C and Allen Robert M
Bought by
Mangini Theresa

Purchase Details

Closed on
Sep 18, 2001
Sold by
Taggart Patrick J
Bought by
Allen Robert M and Allen Regina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Daltwas Christopher $195,000 Surety Title Company
Mangini Theresa -- None Available
Allen Robert M $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daltwas Christopher $156,000
Previous Owner Allen Robert M $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $195,000 -9.3% $102 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $215,000 -- $112 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,897 $249,700 $51,600 $198,100
2024 $4,897 $249,700 $51,600 $198,100
2023 $4,737 $249,700 $51,600 $198,100
2022 $4,527 $249,700 $51,600 $198,100
2021 $4,550 $249,700 $51,600 $198,100
2020 $4,475 $249,700 $51,600 $198,100
2019 $4,565 $249,700 $51,600 $198,100
2018 $4,515 $249,700 $51,600 $198,100
2017 $4,525 $249,700 $51,600 $198,100
2016 $3,782 $265,000 $101,600 $163,400
2015 $3,790 $265,000 $101,600 $163,400
2014 -- $265,000 $101,600 $163,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 162047

Cape May County Association of REALTORS®

APN: 13-00144-0000-00010-03